Question
Assume the 90 day forward rate for the NZD:USD = 0.4439 and the spot rate is NZD:USD= 0.4315. Determine whether the NZD is weak or
Assume the 90 day forward rate for the NZD:USD = 0.4439 and the spot rate is NZD:USD= 0.4315. Determine whether the NZD is weak or strong and detrmine wheter the NZD is trading at a discount or premium to the USD. CALCULATE THE annaulised premium or discount and determine whthwer the new zealand dollar is weak or strong
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Blockchain Technology In Accounting And Auditing
Authors: Prof Oleksandr Melnychenko
1st Edition
1976900328, 978-1976900327
